 |
Louisiana Light • 3 days | 84.39 | +0.14 | +0.17% | ||
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% | ||
|
Mars US • 183 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 1 day | 2.555 | -0.041 | -1.59% |
|
Bonny Light • 2 days | 84.45 | -0.41 | -0.48% | ||
|
Girassol • 2 days | 85.44 | -0.34 | -0.40% | ||
|
Opec Basket • 3 days | 84.23 | -2.94 | -3.37% |
|
Peace Sour • 2 days | 72.15 | -0.05 | -0.07% | ||
|
Light Sour Blend • 2 days | 75.20 | -0.05 | -0.07% | ||
|
Syncrude Sweet Premium • 2 days | 82.15 | -0.05 | -0.06% | ||
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Central Alberta • 2 days | 72.55 | -0.05 | -0.07% |
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Eagle Ford • 3 days | 75.43 | -0.05 | -0.07% | ||
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Oklahoma Sweet • 3 days | 75.50 | +0.00 | +0.00% | ||
|
Kansas Common • 5 days | 72.25 | -0.75 | -1.03% | ||
|
Buena Vista • 6 days | 87.60 | -1.22 | -1.37% |
Breaking News:
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Energy / Crude Oil
U.S. Shale Will Soon Produce More Oil Than All Of Russia
Crude oil and natural gas production from the U.S. shale patch will top Russia’s combined oil and gas output by 2025, the International Energy Agency said in the 2019 edition…
IEA: Peak Oil Demand Is Less Than A Decade Away
Global oil demand will reach its peak in the mid-2020s and plateau around 2030, the International Energy Agency said in its World Energy Outlook for 2019. Until about 2025,…
The EIA Is Grossly Overestimating U.S. Shale
The prevailing wisdom that sees explosive and long-term potential for U.S. shale may rest on some faulty and overly-optimistic assumptions, according to a new report. Forecasts from the U.S. Energy…
Iran Admits: Tanking Oil Revenue Cripples Country
In contrast to previously defiant statements that Iran will withstand any sanctions of its ‘enemies’, Iranian President Hassan Rouhani admitted on Tuesday that it is now…
Can Russia’s Arctic Oil Boom Survive U.S. Sanctions?
Russia is betting big on offshore Arctic oil and gas projects and onshore deposits in Siberia to offset oil production declines at maturing fields and to become a dominant liquefied…
Oil Majors Team Up To Launch World’s Newest Crude Exchange
Abu Dhabi National Oil Company (ArDNOC) and nine of the world’s biggest energy traders—including BP, Shell, Total, and Vitol—are partnering to launch a crude oil futures exchange in Abu Dhabi,…
Has Global Oil Production Really Peaked?
Below are a number of Non-OPEC charts created from data provided by the EIA’s International Energy Statistics. The charts and table below are primarily for the world’s largest Non-OPEC producers…
Chinese Oil Imports Soar To Record High
Refinery start-ups and stabilizing refining margins drove China’s crude oil imports to a record high in October, Chinese customs data showed on Friday. The world’s top oil importer increased…
Saudi Arabia Inks New Mega Deals With The World’s Largest Oil Importer
The world’s top oil exporter Saudi Arabia is looking to cement its top supplier position in the world’s largest oil importer, China, after Saudi Aramco signed on Thursday crude…
Endless Economic Wars: A Major Threat For U.S. Oil Exports
The 5-percent tariffs China imposed on U.S. crude oil imports two months ago could challenge the growth prospects of overall exports, economists gathered for an industry event have warned. "China's…
The No.1 Oil Hotspot For 2020
The Middle East is oil. In fact, it’s a staggering 800+ billion barrels of oil, or nearly half of the world’s reserves. But there’s nothing left to discover. Forget the…
How Much Oil Does The U.S. Really Own?
It’s no secret that the United States produces more crude oil on a daily basis than any other country at 12.6 million bpd, according to the most recent weekly EIA…
The Oil Mystery Undermining An Aramco IPO
It's what you can't see—the oil beneath the Arabian sands—that potential investors in Saudi Aramco's on-again, off-again initial public offering (IPO) ought to focus on. The truth about the…
Iran's Impossible Task: $194 Oil
Iran’s fiscal breakeven oil price—the one at which the country would be able to balance its budget—is US$194.60 a barrel for 2020, the International Monetary Fund (IMF) said in…
Trump's Plan To Send U.S. Oil Majors To Syria Sparks Outrage
A suggestion by President Donald Trump to send U.S. Big Oil companies in Syria to manage its oil fields has sparked outrage among both energy and legal experts, Reuters
Is U.S. Shale Circling The Drain?
‘Significant production slowdown’ is all around the headlines about the U.S. shale patch these days. Yet, the headlines have often missed one growing problem in the U.S. oil industry—the…
Oil Rig Count Plunges To Lowest Level Since 2017
The US oil and gas rig count fell sharply this week, according to Baker Hughes, with a drop of 25 rigs for the week. This week marks nine decreases out…
Trump Surrenders 2.5 Billion Barrels Of Oil To Syria
The American president just gifted 2.5 billion barrels of oil to long-time Syrian enemy Bashar Al-Assad and, by default, Iran and Russia. As far as gifts go, it was both…
How Much Oil Is Up For Grabs In Syria?
Though it's as yet uncertain whether the Pentagon is actually going to execute the plan, Trump is mulling keeping a small US troop contingency in Syria in order to "secure…
OPEC Forced To Consider Production Cuts As Bearish Pressure Mounts
OPEC will consider at its December meeting instituting even deeper production cuts, OPEC sources told Reuters today, even though not everyone in the group is complying to the existing…
